News Archives - Claims Journal

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21 09, 2023

Chicago Sues Monsanto, Univar for Contaminating City’s Water

By | September 21st, 2023|Uncategorized|Comments Off on Chicago Sues Monsanto, Univar for Contaminating City’s Water

Chicago is suing Bayer AG’s Monsanto and Univar Solutions Inc. for polluting the city’s water, air and soil with chemicals the companies knew were harmful to humans. The complaint, filed in Cook County Circuit Court, seeks financial compensation for expenses …

1 09, 2023

What Caused Closure of Toyota’s 14 Assembly Plants in Japan?

By | September 1st, 2023|Uncategorized|Comments Off on What Caused Closure of Toyota’s 14 Assembly Plants in Japan?

Toyota Motor was ramping back production at its Japan-based factories on Wednesday after a computer system processing orders for vehicle parts broke down on Tuesday, forcing the closure of 14 assembly plants. The disruption shut down a system that is …

31 08, 2023

Denver to Pay $4.7 Million to Settle Claims of George Floyd Protesters

By | August 31st, 2023|Uncategorized|Comments Off on Denver to Pay $4.7 Million to Settle Claims of George Floyd Protesters

Denver will pay $4.7 million to settle a class action lawsuit that alleged that protesters were unjustly targeted for violating the city`s curfew during demonstrations over the killing of George Floyd in 2020. City councilors unanimously agreed to the deal …

31 08, 2023

Hurricane Idalia Exposes Florida’s Dangerous Flood Insurance Gap

By | August 31st, 2023|Uncategorized|Comments Off on Hurricane Idalia Exposes Florida’s Dangerous Flood Insurance Gap

Hurricane Idalia unleashed its fury on northwest Florida on Wednesday morning, landing in a sparsely populated area with winds of 125 miles (201 kilometers) per hour and 9 feet of storm surge. Although the urban conglomeration of Tampa-St. Petersburg was …

31 08, 2023

University of Minnesota Faces Lawsuit Over Alleged Negligence in Data Breach Incident

By | August 31st, 2023|Uncategorized|Comments Off on University of Minnesota Faces Lawsuit Over Alleged Negligence in Data Breach Incident

A lawsuit filed on behalf of a former student and former employee at the University of Minnesota accuses the university of not doing enough to protect personal information from a recent data breach. Attorneys for the two plaintiffs said in …

31 08, 2023

Connecticut Adds Cancer Presumption to Firefighters’ Workers’ Compensation

By | August 31st, 2023|Uncategorized|Comments Off on Connecticut Adds Cancer Presumption to Firefighters’ Workers’ Compensation

A new Connecticut law making it easier for firefighters who develop cancer to receive workers’ compensation benefits will go into effect on October 1, 2023. Approved as part of the state budget bill, this law creates a presumption during the …

29 08, 2023

3M Agrees to Pay $6 Billion in Earplug Lawsuit Settlement

By | August 29th, 2023|Uncategorized|Comments Off on 3M Agrees to Pay $6 Billion in Earplug Lawsuit Settlement

3M said on Tuesday it had agreed to pay $6 billion to settle nearly 260,000 lawsuits accusing it of selling defective combat earplugs that caused hearing loss in hundreds of thousands of current and former U.S. military service members. “This …

25 08, 2023

How Satellites Are Helping Farmers Adapt to Climate Crisis

By | August 25th, 2023|Uncategorized|Comments Off on How Satellites Are Helping Farmers Adapt to Climate Crisis

When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the result is bitter. Too late, and it’s overly sweet. It’s a delicate balance—one that’s increasingly being upended by the climate crisis. In …

25 08, 2023

Conditions Are Challenging, Claims Are Elevated, but Reinsurers’ Profits Return: Reports

By | August 25th, 2023|Uncategorized|Comments Off on Conditions Are Challenging, Claims Are Elevated, but Reinsurers’ Profits Return: Reports

Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022, according to an AM Best report. “Reinsurers generally have realigned their risk profiles and are in a strong position to …

25 08, 2023

Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row

By | August 25th, 2023|Uncategorized|Comments Off on Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row

Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail and wildfires linked to climate change become more frequent. Munich Re has put the total global insured costs of natural-catastrophe …